Bitcoin, Ethereum, Ripple 3 Best Price Forecast: A power struggle between bulls and bears in the BTC market.
![]() |
Bitcoin, Ethereum, Ripple 3 Best Price Forecast: |
The bitcoin price is heading near $21,710 before support, with a possible 12% breakout.
After the $1,700 resistance test, the price of Ethereum is falling and will continue to decline until BTC forms a directional bias.
The price of Ripple is above $0.40, which is a huge hurdle that can make or break the altcoin.
Bitcoin price momentum is showing due to the lack of payback already created. This progress can be minimized without immediate support groups. As a result, the prices of Ethereum and Ripple can rise and fall.
Bitcoin price is the last line of defense
Bitcoin price has closed a four-hour candle below the 200-week SMA, signaling weakness among traders. However, the bull market appears to be improving, with BTC near $100 from the 30-day Exponential Moving Average (EMA) of $22,010 and the Quad Simple Moving Average (SMA) of $21,562.
If BTC misses this opportunity and creates a daily candle that closes below $21,710, it will potentially be canceled for good. In this case, market participants expect the price of bitcoin to fall by 10%, testing the midpoint of $19,657.
BTC can sometimes drop significantly in liquidity from $18,638 to $19,286. At this point, traders may decide to enter and try another level. Or wait for the market maker to push the crypto giant to a lower price of $17,605.
On the other hand, if the Bitcoin price pulls back from support at $21,710, there’s a good chance the June 13 rally will continue. In this case, BTC can retest the $25,000 psychological level.
The price of Ethereum was around $1700 on July 24, but not as strong as a result. As a result, ETH remained above the $1,543 support level and fell 8% to close in the negative at $1,383.
Sometimes, the price of Ethereum may try to rise again above $1284. But this recession may seem like a recession. Rather, it is an optimistic critique that could lead to a return in the price of ETH.
Depends on the desired Ethereum price. A daily candle closing below the $1,284 support would negate the gain, returning ETH to the $1,080 support.
The price goes to an inflection point
Prices reversed the previous move from June 18 amid weak consumer confidence. The move didn't just wipe out profits. It now risks crashing if the $0.340 support rally is broken.
During the pause, the price of Ripple could change its liquidity, rising from $0.301 to $0.311.
Regardless of the economic downturn, if Bitcoin price recovers, Ripple will follow A surge above $0.40 could push XRP towards $0.380.
Social Plugin